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News Insight & Analysis

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Indonesia’s PP, PE markets extended gains for the fourth week amid rising upstream costs
23 Jun 2025 Strong gains in regional markets added upward momentum, yet the scale of this week's hikes—mostly limited to IDR 170,000/ton ($10/ton)—suggested a cautious pricing approach
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23 Jun 2025

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China Morning Snapshot – 23 June 2025

The domestic spot market opened the week on a tentative footing, with buyers largely sidelined to gauge the potential fallout from escalating Middle East tensions.
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20 Jun 2025

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Thai maker pushes through PE price hikes amid growing Chinese acceptance

By the time of writing, the producer had sold out all July allocations. A source close to the company noted robust demand
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20 Jun 2025

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Shenhua Auction: Sentiment cools ahead of weekend, but supply concerns keep market outlook firm

Shenhua wrapped up its final trading session of the week on a relatively firm note, though the sell-through rate for homo-PP slipped to 77% following a modest CNY 40/ton increase in the auction starting price.
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20 Jun 2025

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Malaysian PP and PE markets brace for higher July offers despite SST uncertainties

If confirmed, the upcoming adjustments would break a two-month downtrend that dragged local prices to multi-month lows.
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20 Jun 2025

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China Morning Snapshot – 20 June 2025

Cautious sentiment dominated trading, with both buyers and sellers maintaining a wait-and-see approach as tensions in the Middle East continue to escalate.
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19 Jun 2025

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Shandong Yulong Auction: Firm futures market fails to ignite strong buying appetite

Trading sentiment on the Shandong Yulong auction platform remained subdued on Thursday, as resilient futures contracts and rising crude oil prices did little to lift procurement enthusiasm.
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19 Jun 2025

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Drastic drop in LLDPE auction volume sparked market concerns

Shenhua Auction: Drastic drop in LLDPE auction volume sparked market concerns
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